Stocks to Watch: Amylin, Barclays, Lincare
Apple(AAPL) paid $60 million to Shenzhen Proview Technology to settle a dispute in China over ownership of the iPad name, a court announced Monday, according to a report from The Associated Press.
The deal removes a potential obstacle to sales of the iPad in China, a key market.
Apple shares ticked up $1.25, or 0.21%, in premarket trading Monday to $585.25.
Acuity Brands (AYI) is expected by analysts Monday to post third-quarter earnings of 79 cents a share on revenue $492 million.
-- Written by Joseph Woelfel
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